OBAMA'S VISIT TO INDIA UNDERLINES ITS ECONOMIC POWER AND RIVALRY TO CHINA
The arrival of US President Barack Obama in Mumbai next weekend has been hailed a turning point in India's standing as a political and economic power.
Dean Nelson
The Telegraph, October 31, 2010
His vast delegation will include US energy chief executives eyeing new alternative and nuclear energy deals and defence CEOs chasing lucrative field gun and transporter plane contracts. There will be university principals looking at tie-ups with their Indian counterparts and engineering executives salivating at the prospect of building locomotive factories to make 1,000 new trains in a deal worth as much as $5bn (£3bn).
Like David Cameron's visit with the largest-ever Cabinet delegation in July, President Obama's visit is an acknowledgement that India is becoming a lucrative source of potential domestic growth and an increasingly serious rival to China.
(...) [artículo aquí]
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